Iron exports from France have shown variability over the past decade. In 2023, the exports stood at 24.73 million metric tons. Over the last two years, there's been a modest recovery with a year-on-year increase of 4.06% in 2023 following a minor decline of 1.34% in 2022. Looking at a longer horizon, the compound annual growth rate (CAGR) over the last five years has been slightly negative at -0.18%. Future projections up to 2028 indicate a forecasted five-year CAGR of 0.47%, with an overall growth rate of 2.38% by 2028, suggesting moderate but steady growth.
Future trends to watch for:
- Potential impact of global economic conditions on exports.
- Development of environmentally sustainable practices.
- Market demand fluctuations driven by industrial needs.
- Trade policies and international competition.
